DTG Projects Strong Revenue Growth in 2004

TULSA, Okla. -- Dollar Thrifty Automotive Group Inc. last week announced the company is seeing strong rental revenue growth in a continuing soft pricing environment. Improving travel conditions and franchise acquisitions are driving higher rental day volume, although pricing is still down slightly as compared to the 2003 first quarter.

"While we expect a slight increase in pricing in the second quarter from first quarter levels, we are not yet seeing an increase on a year-over-year basis," said Gary L. Paxton, president and CEO. "However, we expect rental volume to remain strong."

The company plans to further discuss the outlook for 2004 during its earnings announcement on April 29.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Car Rental Rates Up, Fleet Sales Down — Correlation?

Car rental companies’ recent fleet discipline is needed now more than ever.

Hertz, Avis Autonomy Partnerships: Good First Steps on a Long Path

Two new autonomous vehicle project partnerships bring the importance of fleet management to the fore.

An Inside Look at Car Rental in China

A trip to a new car rental convention in Guangzhou reveals a booming market, yet one facing unique challenges.

Job Finder: Access Top Talent. Fill Key Positions.

>